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aev [14]
3 years ago
12

Three engineers have the same amount of schooling and work experience, but earn different wages. One is a computer engineer who

designs and tests new computers for an annual wage of $54,000 per year. Another is a chemical engineer who works in a nuclear lab and performs experiments on radioactive materials for an annual wage of $80,000 per year. The third is a civil engineer who performs daily inspections of cables on a suspension bridge for an annual wage of $91,000 per year.
Business
1 answer:
wel3 years ago
3 0

Answer:

Variation in income in all three types of profession is due to different skills.

Explanation:

A computer engineer whose work is less risky due to which his income is also less.  

Unlike a computer engineer, a chemical engineer who works in a nuclear lab performs more risky tasks and earns a higher income.  

Unlike these two, the civil engineer who handles the responsibility of bridge safety performs the riskiest tasks for which he also needs high-quality skills, due to which one can get the most income.

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On January 2, 2020, Concord Corporation began construction of a new citrus processing plant. The automated plant was finished an
kkurt [141]

Answer:

$120,820

Explanation:

The calculation of interest capitalized for 2020 is shown below:-

Date                  Expenditure      Weight       Average

02-Jan-20        $607,000           12 ÷ 12        $607,000

01-Sep-20         $1,803,600        4 ÷ 12          $601,200

31-Dec-20          $1,803,600        0 ÷ 12         $-

Accumulated

Expenditures      $4,214,200                          $1,208,200

Interest Capitalized for 2020 = Total Average × Percentage of construction loan

= $1,208,200 × 10%

= $120,820

So, for computing the  interest capitalized for 2020 we simply multiply the total average with percentage of construction loan.

8 0
3 years ago
The inflation rate over the past year was 3.8 percent. If an investment had a real return of 6.9 percent, what was the nominal r
Natalka [10]

Answer:

Nominal rate of return= 10.96%

Explanation:

Inflation is the increase in the price level.It erodes the value of money.rise in the price of money

<em>Nominal interest is that quoted for investment or loan transactions. It has not been been adjusted for inflation.  </em>

<em>Real interest rate is the amount of interest in terms of the the quantity of good and services that can be purchased. It is the nominal interest rate adjusted for inflation. </em>

The relationship between inflation, real interest and nominal interest rate is given using the Fishers Effect;

N = ( (1+R) × (1+F)) - 1

N- nominal rate, R-real rate, F- inflation

Nominal rate of return =(1.038)× (1.069) - 1 = 0.109622

Nominal rate of return =  0.109622 × 100 = 10.96%

Nominal rate of return= 10.96%

6 0
3 years ago
An entrepreneur looking for financing to get her small, personally-owned business up and running should probably consider; (16-2
jekas [21]

An entrepreneur looking for financing to get her small, personally-owned business up and running should probably consider a venture capital .

Option D

<u>Explanation: </u>

Venture capital (VC) is a method of funding that is made available to micro, early-stage and developing businesses by corporations or funds with a high potential for success or development (within employee numbers, annual income, or both).

Example:

Pepperfry, India's biggest furniture e-market brought up USD 100 million in a New session funding led by Goldman Sachs and Zodius Technology Fund. Pepper fry is expanding its emissions by adding to its increasing fleet of supply automobiles in Level III and Level IV cities.

This will also open up new distribution centres and extend its network of carpenters and assemblies. This is a business based e-commerce player's first quantum expenditure in India.

5 0
3 years ago
PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at
LUCKY_DIMON [66]

Answer:

$3,000

Explanation:

Given that,

On April 1, 2021, total sales of one-year subscriptions = $12,000

Total number of months for which subscription is received = 12 months

Months Relating to year 2022 for which subscription received on 1 April 2021:

= From January 1, 2022 to March 31, 2022

= 3 Months

Deferred revenue is for the three months.

Therefore, the adjusted balance of Deferred Revenue on December 31, 2021 is as follows:

= Amount of subscriptions received × Time period

= $12,000 × (3 ÷ 12)

= $3,000

5 0
3 years ago
What institution will Martha's lender check before granting or denying a loan or mortgage to Martha?
aalyn [17]

Answer:

A credit bureau

Explanation:

A credit bureau is a agency which collects the credit history of consumers so that creditors can make decisions about granting loans. So the only logical choice is for Martha's lender to check with them to get her credit history before denying or granting her a mortgage or loan.

6 0
2 years ago
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